Buy Aave (AAVE), it’s easy!

Need to be more sure about buying Aave (AAVE)? Discover everything about the most renowned borrowing and lending platform in DeFi.

Why buy Aave (AAVE)

Consider buying AAVE because it’s the token of one of the most popular decentralised finance (DeFi) platforms. A hallmark of Aave is its ‘flash loans’, heralded as the first uncollateralised loan option in the DeFi realm. Another significant advantage is the flexibility it offers borrowers to switch between fixed and variable interest rates based on their needs. Despite the emergence of younger, notable competitors, Aave remains a cornerstone in the DeFi world, consistently maintaining its prominence.

It holds the fourth rank globally regarding total value locked (TVL) on DeFi platforms, with approximately $5.7 billion deposited in its smart contracts. In July 2023, the protocol expanded its offerings by introducing its native GHO stablecoin, over-collateralized by the assets ‘locked’ on the platform.

Therefore, you might choose to buy AAVE as it is one of the most robust and enduring projects in the cryptocurrency domain.

What is Aave (AAVE), and how did it originate?

AAVE is a pioneering project in the DeFi sector, established with a straightforward mission: to facilitate cryptocurrency lending among users in a decentralised fashion. Universally acknowledged as one of the most accessible DeFi protocols, AAVE provides attractive interest rates to borrowers and profitable opportunities for liquidity providers. In 2021, its pools encompassed 28 different cryptocurrencies.

Aave was founded in 2017 by Stani Kulechov, who developed the concept while studying at the University of Law in Helsinki. The company managing the protocol is headquartered in Switzerland and, distinctively from many crypto foundations, operates as a for-profit entity.

Stay up to date with the price of Aave

Price 24H
Change 24H
Daily High
Circulating Supply
Market Cap

Unlimited access to +1000 free content items

Unravel the intricate world of DeFi, NFTs, DApps, Metamask, and more. Whether you're a beginner or an expert, our Academy is your roadmap to navigating the crypto market!

Young Platform Academy

Buy Aave in 3 steps on Young Platform

Sign Up and Verify Your Identity
Enjoy free registration and full control over your funds. Move your money how you want, when you want.
Pay with Card, Bank Transfer or Apple and Google Pay
Start with every penny you have. Whoever said you need a fortune to enter this market has misled you.
Instantly Buy and Sell
Tailor your strategy and leverage automation to maximise your outcomes. Trade on your own terms.

What does the Young Platform do?

Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.

Check out the Top movers

Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.

Buy Aave